Quizzes & Puzzles22 mins ago
So the Northern Rock Building Society has made a �700m loss.
5 Answers
Who would have thought that somebody that had to borrow 125% of the purchase price of a house could not afford to meet the payments?
Answers
Best Answer
No best answer has yet been selected by lindylou16. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Unfortunately no allowances are made for losing your job.
My daughter has a 125% mortgage -more than able to pay for it until she was paid off.As we all know if you own your own property you are not entitled to the equivelent of housing benefit.She has another job but the hours arent guaranteed so I work to help her until such time as this bleeding recession passes and jobs become more readily available.
Anyway -no regrets as she doesnt have negative equity and was on the property ladder at 18 and is now 20.
My daughter has a 125% mortgage -more than able to pay for it until she was paid off.As we all know if you own your own property you are not entitled to the equivelent of housing benefit.She has another job but the hours arent guaranteed so I work to help her until such time as this bleeding recession passes and jobs become more readily available.
Anyway -no regrets as she doesnt have negative equity and was on the property ladder at 18 and is now 20.
-- answer removed --
-- answer removed --
Related Questions
Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.